The Hershey Company

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The Hershey Chocolate Company

Table of Contents

Board of Directors 1
Introduction 2
Report 3
Financial Report Card 9
Annual Report

Board of Directors

Pamela Arway- Senior Advisor to Chairman and CEO of American Express

Robert Cavanaugh- Managing Director of DLJ Real Estate Capital Partners

Charles Davis- CEO of Stone Point Capital, LLC

James Nevels- Director of Tasty Baking Company

Thomas Ridge- President and CEO of Ridge Global, LLC

David Shedlarz- Vice President of Pfizer, Inc

David West- President and CEO of The Hershey Company

Leroy Zimmerman- Senior Counsel of Eckert, Seamans, Cherin, And Mellott, LLC

The Hershey Company

The Hershey
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In 1907 the Hershey Chocolate Company started producing a flat bottomed milk chocolate candy which Mr. Hershey decided to call the Hershey Kiss. In early production the Hershey Kisses were individually wrapped in little squares of silver foil. In 1921 when the wrapping machine was invented Hershey decided to give the Hershey Kiss a “plume” like appearance that we recognize today. This was to signify to consumers that this was a genuine Hershey’s Kiss Chocolate. This was eventually trademarked in 1913. Over the next two decades the Hershey Chocolate Company would produce several more products. These products were Mr. Goodbar (1925), Hershey’s Syrup (1926), chocolate chips (1928) and the Krackel bar (1938). During the Great Depression of the 1930’s these products made it possible for employees to keep their jobs and the company was able to sustain profitability. During even harder times, WW II, The Hershey Company provided survival rations of chocolate bars for military use. By doing this The Hershey Chocolate Company earned no less than five Army-Navy “E” Production Awards for its exceptional contributions to the war effort. In fact, the company’s machine shop even turned out parts for the Navy’s antiaircraft guns.
Since 1928 Harry B Reese had a strong partnership with The Hershey

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